Collierville homeowners may see changes to property tax rate

Collierville homeowners may see changes to property tax rate

COLLIERVILLE, Tenn. -- Collierville's Board of Mayor and Aldermen will be discussing changes to the town's property tax rate for the upcoming fiscal year, during a series of meetings over the next month. The board says property values in Collierville have increased following a recent reappraisal by the Shelby County Assessor's Office. That increase has, in turn, triggered a state-mandated rollback of the tax rate to prevent a windfall in tax rev…